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21 February, 05:48

Mary is filing Head of Household with a taxable income of $79,280. What is her income tax for Marks: 1 2018? Choose one answer. O O a. $11,989 b. $13,380 O c. $9,320 O d. $11,978

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  1. 21 February, 06:53
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    a. $11,989

    Explanation:

    tax rate / / for income above

    0.1 / / $ 0

    0.12 / / $ 13,600

    0.22 / / $ 51,800

    0.24 / / $ 82,500

    Mary's income of $79,280 is on the third bracket as is lower than the minimum for the fourth bracket.

    first bracket:

    $13,600 x 10% = $ 1,360

    second bracket:

    ($51,800 - $13,600) x 12% = $ 4,584

    third bracket

    ($79,280 - $51,800) x 22% = $ 6,045.6

    total tax income: 11,989.6
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